Energizer Holdings Inc (ENR)

Operating return on assets (Operating ROA)

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Operating income (ttm) US$ in thousands 453,200 490,900 -11,200 8,800 -11,800 -700 463,900 450,600 481,100 506,400 706,900 696,300 665,200 623,900 621,800 590,600 429,900 391,400 299,300 264,900
Total assets US$ in thousands 4,423,900 4,509,600 4,505,100 4,436,000 4,577,900 4,572,100 5,182,600 5,159,900 5,109,900 5,007,500 4,977,400 4,937,600 4,929,100 5,728,300 5,126,500 4,752,500 5,566,800 5,449,600 5,577,700 5,642,300
Operating ROA 10.24% 10.89% -0.25% 0.20% -0.26% -0.02% 8.95% 8.73% 9.42% 10.11% 14.20% 14.10% 13.50% 10.89% 12.13% 12.43% 7.72% 7.18% 5.37% 4.69%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $453,200K ÷ $4,423,900K
= 10.24%

Energizer Holdings Inc's operating return on assets (ROA) has shown some fluctuations over the past eight quarters, ranging from 7.09% to 9.27%. The operating ROA was highest in Q2 2023 at 9.27% and lowest in Q3 2022 at 7.09%. Overall, the operating ROA has generally been trending upwards since Q3 2022, indicating an improvement in the company's operating efficiency in generating profits from its assets. This upward trend suggests that Energizer Holdings Inc has been able to effectively utilize its assets to generate operating income, which is a positive indicator of the company's operational performance and profitability over the analyzed period.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating ROA
Energizer Holdings Inc
ENR
10.24%
Edgewell Personal Care Co
EPC
5.86%
Integer Holdings Corp
ITGR
5.69%
Novanta Inc
NOVT
9.01%